World Bank Iraq Trust Fund Banking Sector Reform Project (TF094193/P113337) September 2010 Project Summary Sheet

I also found this last paragraph to be very interesting as well.
too bad its not directly pertaining to raising of the rate.. but its all good news.

Furthermore, capacity-building activities such as technical training are behind schedule and the lack of
interest by international consulting firms and individuals to work in Iraq remains a challenge. However, we
are anticipating the signing of a number of contracts during the coming period but most of these contracts
have six month duration which will not be fulfilled by the original closing date of October 31, 2010.
Hence, the World Bank cannot provide its no objection to these contracts as they go beyond the closing
date. Moreover, the unstable security conditions have also impacted the project, including the attacks on
the CBI on June 13, 2010 which led to damage of the PMU office (furniture, documents and equipments),
hence the need for a project extension to June 30, 2013 to ensure full implementation of the project’s key
components.[quote]